Category: Bank Failure
By Anita Finlay ("Ani") on Dec 29, 2010 in Bank Failure, Barack Obama, Congress (House & Senate), Democrats, Economy, Unemployment/Jobs | View Comments
The joy of the season eludes many in dire economic straits. NY Times columnist Bob Herbert points out as much is his latest piece The Data and the Reality. Lamenting “data zealots” who use impressive holiday sales figures as evidence of an economic turnaround, Herbert stresses the vital need to focus instead on those being [...]
By Anita Finlay ("Ani") on Apr 18, 2010 in Austan Goolsbee, Bailouts, Bank Bailouts, Bank Failure, Current Affairs, Earmarks, Elitism, George Bush, National Debt, Obama Administration, Obama's Broken Promises, President Barack Obama, Speaker Nancy Pelosi, Toxic Assets, Wall Street | View Comments
CNN’s John Blake posted an article the other day that is just too rich to let pass without comment. CNN, certainly very Obama-friendly, was probably trying to do our President a solid by posting this piece in an effort to prove to the Tea Party activists and others who are not fans of Mr. Obama’s [...]
By Larry Doyle on Apr 10, 2010 in Bank Failure, Banks, Current Affairs, Economy, Sense on Cents (Larry Doyle blog) | View Comments
Who in America is going to stand up and accept appropriate culpability for his/her contribution to our current economic crisis? Who in America is also willing to expose the incestuous nature of the Wall Street-Washington relationship which provided the cover for the activities which have debilitated our nation? Let’s review what we have learned so [...]
By Rabble Rouser Reverend Amy on Oct 21, 2009 in Bank Bailouts, Bank Failure, Censorship, Chicago politics | View Comments
(Bumped up from Wednesday early a.m.) Nope, I am not talking about Anita Dunn this time. Ron Bloom is the latest Obama Czar (Manufacturing) to quote Mao as an authority. And just wait to see which quote he uses from Mao. Oh, and he disses that whole free market thing, too. See for yourself: You [...]
By Larry Doyle on Aug 28, 2009 in American Consumers, Bank Failure, Banking Institutions, Banks, Economy, Sense on Cents (Larry Doyle blog) | View Comments
Will the failure of a small bank in a small community truly impact America? Analysts discount the impact that the expected massive number of bank failures will have on the U.S. economy. Additionally, analysts also discount the fact that the FDIC fund to cover depositors of failed institutions is close to zero. This fund can [...]
By Linda Anselmi on Aug 18, 2009 in Bank Bailouts, Bank Failure, Economy | View Comments
_________ As many recent townhall meetings have shown, the American people are dealing with a few issues of trust in regards to their government. So I thought it might be fun to take a look at two very different videos on Money and what it can do.
By Anita Finlay ("Ani") on Jul 7, 2009 in Bank Failure, Bush administration, Bush/Cheney, John McCain, Obama Administration, Obama's Broken Promises, Obama's Budget, Wall Street | View Comments
CNN’s John King interviewed General Colin Powell Sunday as Powell airs doubts on Obama agenda. Here are some interesting remarks as covered by Jon Ward of The Washington Times: Colin Powell, one of President Obama’s most prominent Republican supporters, expressed concern Friday that the president’s ambitious blitz of costly initiatives may be enlarging the size [...]
By SusanUnPC on May 13, 2009 in AIG, Bailouts, Bank Bailouts, Bank Failure, Economy, TARP, Toxic Assets, Wall Street | View Comments
I got bored with fast-forwarding through Hannity last night who devoted an unbelievable 45 minutes (!) to the Miss California non-news story, so I checked out Rachel Maddow. Her guest? The always compelling Eliot Spitzer, whose recent remarks to CNN’s Fareed Zakaria were covered at No Quarter in two posts, the last of which was [...]
By Pat Racimora on May 12, 2009 in American Consumers, Bank Bailouts, Bank Failure, Credit Card Companies, Depression, Economy | View Comments
An optimist has been defined as one who would, should a ton of crap be dumped on his doorstep, jump right in and rummage through it, convinced that there must be a pony in there somewhere. I tend towards optimism. So, while not for one second denying that millions of citizens have been significantly harmed [...]
By Uppity Woman on May 4, 2009 in Bank Failure, Banks, FDIC | View Comments
***Update*** This post was originally published on February 26. However, due to numerous searches for keywords “Failed Banks” and “Bank ratings” which lead searchers to this blog, I feel a sense of responsibility to update and republish it with additional bank closings added to the list. As you can see, there have been quite a [...]
By Anita Finlay ("Ani") on Apr 14, 2009 in Backtrack Obama, Bailouts, Bank Failure, Barack Obama, Current Affairs, Hillary Clinton, Tim Geithner | View Comments
Please adjust my goggles if I am incorrect, but isn’t Truthout.org that progressive publication that was forever calling President Bush and his administration out on the carpet for their many ills? Now Marc Ash of Truthout writes a powerful rant targeting the new administration called This Isn’t Working. I know there have been rumblings of [...]
By Larry Doyle on Apr 10, 2009 in American Consumers, Bank Bailouts, Bank Failure, Banking Institutions, Congress (House & Senate), Current Affairs, Economic Stimulus, Economy, Obama Administration, Sense on Cents (Larry Doyle blog), Wall Street | View Comments
Any investor or manager with a degree of experience knows that the “first loss is the best loss.” What do I mean by that? Once the market detects a loss or a weakened position, the price for that asset will remain capped unless and until the asset is sold or liquidated. This price action occurs [...]
By Larry Doyle on Apr 7, 2009 in Bank Bailouts, Bank Failure, FASB, Sense on Cents (Larry Doyle blog) | View Comments
I am no fan of George Soros. I often believe he does not draw a hard line between his political interests and his business interests. His active support with MoveOn.org has made a mockery of any attempt to achieve campaign finance reform. That said, for those involved in global finance, whether you like George Soros [...]
, the basis for the Best Motion Picture Nominee (Golden Globes) starring Brad Pitt.
, the novel by John Le Carre, a new motion picture starring Gary Oldman and Colin Firth.
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